Morning Thoughts on April 16th

Looking at the 1-hour K-line, the price has been declining from above the upper band of the Bollinger Bands down to near the lower band, and there hasn't been a significant rebound so far, indicating that it has not yet stopped falling. From the 4-hour K-line perspective, the price is also nearing the lower band, but it has not tested the strength of the lower band. Currently, the support below is around the 83400 point. This position may not be very secure; referring to a previous low of the major coin, which is around the 83000 point, if it can hold, we can consider going long directly. This was also the target point I was looking at for going short yesterday. I have previously mentioned that if this point is not broken, we can directly go long.

Operation Suggestion

Go long on the major coin between 82800 to 83200, targeting 85000

​Just synchronize with Auntie